SEC Form 4 · accession 0000950138-17-000325
Barnes & Noble Education, Inc. · BNED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leonard Riggio
10% Owner
Period of report
Mar 16, 2017
Accepted (ET)
Mar 16, 2017 · 4:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001634117
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 16, 2017 | J | 450,283 | $0.00 | A | 4,050,001 | D | |
| Common StockF2 | holding | — | — | — | 3,566,946 | I | By Foundation and Corp. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 4 is being filed to reflect the transfer to the Reporting Person on March 16, 2017 of the 450,283 shares formerly held in a rabbi trust established by Barnes & Noble, Inc. in 2003 for the benefit of the Reporting Person. Those shares, which were previously reported as owned indirectly, are now owned directly.
- F2Of these shares, 1,464,434 are owned indirectly through LRBKS Holdings, Inc., a Delaware corporation beneficially owned by the Reporting Person and his wife, Louise Riggio, and 2,102,812 are owned by The Riggio Foundation, a charitable trust of which Mr. and Mrs. Riggio are the co-trustees.